OSI Systems (NASDAQ:OSIS) Stock: Insider Paul Keith Morben Sells 536 Shares

OSI Systems, Inc. (NASDAQ:OSIS) insider Paul Morben sold 536 shares of the firm’s stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $200.00, for a total value of $107,200.00. Following the transaction, the insider owned 9,379 shares of the company’s stock, valued at $1,875,800. This represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

OSI Systems Stock Performance

NASDAQ:OSIS opened at $197.00 on Wednesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.89 and a quick ratio of 2.05. OSI Systems, Inc. has a 1 year low of $186.50 and a 1 year high of $311.72. The stock’s 50 day simple moving average is $198.89 and its two-hundred day simple moving average is $234.64. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 1.50 and a beta of 1.26.

OSI Systems (NASDAQ:OSIS) last posted its earnings results on Thursday, October 29th. The technology company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.01. OSI Systems had a return on equity of 21.57% and a net margin of 8.79%. The firm had revenue of $403.47 million during the quarter, compared to the consensus estimate of $396.11 million. During the same period in the prior year, the company earned $1.42 EPS. The company’s quarterly revenue was up .0% compared to the same quarter last year. As a group, equities analysts anticipate that OSI Systems, Inc. will post 11.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of OSI Systems in a research note on Wednesday, October 28th. B. Riley Financial restated a “buy” rating and set a $265.00 target price (down from $320.00) on shares of OSI Systems in a research report on Friday, August 21st. Roth Capital restated a “buy” rating and set a $274.00 target price on shares of OSI Systems in a research report on Friday, August 21st. Oppenheimer lowered their price target on shares of OSI Systems from $300.00 to $265.00 and set an “outperform” rating for the company in a report on Thursday, October 8th. Finally, Bank of America dropped their price target on OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $276.71.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in OSIS. Transamerica Financial Advisors LLC purchased a new position in OSI Systems in the second quarter worth $26,000. Group One Trading LLC purchased a new stake in OSI Systems in the first quarter valued at about $27,000. IFP Advisors Inc boosted its holdings in OSI Systems by 201.9% in the third quarter. IFP Advisors Inc now owns 163 shares of the technology company’s stock worth $32,000 after acquiring an additional 109 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of OSI Systems during the second quarter worth about $35,000. Finally, Keating Financial Advisory Services Inc. purchased a new position in shares of OSI Systems in the 2nd quarter valued at approximately $39,000. 89.21% of the stock is owned by institutional investors.

About OSI Systems

OSI Systems, Inc. develops and manufactures security, healthcare, and optoelectronic products. Founded in 1987 and headquartered in Hawthorne, California, the company serves customers in the United States and internationally through three business areas: Security, Healthcare, and Optoelectronics and Manufacturing. Its Security division provides screening systems and related services for applications such as airports, borders, ports, and critical infrastructure. Products include systems for inspecting people, baggage, cargo, and vehicles, as well as security detection equipment.